> European businesses in China fight post-Covid blues / 33KJ8B6
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European businesses in China fight post-Covid blues / 33KJ8B6
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Description
A faltering recovery, regulatory headaches and an increasingly politicised business climate are hammering European business confidence in China despite the country reopening its doors, according to an annual survey of 570 companies by the European Union Chamber of Commerce in China.
"Eleven percent of our respondents who tell us that they have already shifted their investments elsewhere... from China," says Jens Eskelund, president of the Chamber. IMAGES AND SOUNDBITES